Exhibit 99.1


     [EDO CORPORATION LOGO]

                                                           FOR IMMEDIATE RELEASE

                                    INVESTOR CONTACT:
60 East 42nd Street, Ste. 5010      Neil Berkman or Melanie Beeler
New York, NY 10165                  Berkman Associates
212-716-2000                        (310) 277-5162
                                    info@BerkmanAssociates.com

                                    COMPANY CONTACT:
                                    William J. Frost
                                    Vice President-Administration
                                    (212) 716-2000
                                    www.edocorp.com

                EDO CORPORATION TO PROVIDE ADDITIONAL INFORMATION
                 REGARDING ITS PREVIOUSLY ANNOUNCED ACQUISITION
                    OF CERTAIN ASSETS OF CONDOR SYSTEMS, INC.

             Conference Call Scheduled for Wednesday, June 26, 2002;
                          WebCast Set For 10:00 AM EDT

         NEW YORK, NY - June 24, 2002 - EDO CORPORATION (NYSE: EDO) announced
today that it will host a conference call on June 26, 2002 at 10:00 AM EDT to
provide additional information regarding its previously announced acquisition of
certain assets of Condor Systems, Inc. During the conference call, the Company
may also discuss other matters.

         A simultaneous WebCast of the conference call may be accessed online at
http://www.companyboardroom.com or at http://www.edocorp.com. A replay will be
available after 12:00 PM EDT at these same Internet addresses. For a telephone
replay, dial (800) 633-8284, reservation #20715697, after 12:00 PM EDT.

ABOUT EDO CORPORATION

         EDO Corporation (www.EDOcorp.com) supplies highly engineered products
for governments and industry worldwide, including advanced electronic,
electromechanical and information systems and engineered materials critical to
the mission success of its customers. The Company's Defense Segment provides
integrated front-line war fighting systems, including radar countermeasure
systems, aircraft weapons storage and release systems, airborne mine
countermeasure systems, sonar systems and a full range of professional
engineering and information technology services. EDO's Space and Communication
Segment addresses the needs of the remote sensing, communication, navigation,
and electronic warfare industries with ultra-miniature electronics and a broad
line of antennas. The Company's Engineered Materials Segment supplies
piezoelectric and advanced composites for the communication, navigation,
chemical, petrochemical, paper and oil industries, for civilian infrastructure
and military applications.

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